What ways can I increase my passive income monthly?
1 year ago
Good question!
If you have capital already, purchase corporate income bonds of privately held companies. Bonds are an excellent source of passive income. However, with higher inflation rates, government and public company bonds may not even provide a real rate of return.
You also can invest as a limited partner in a large multifamily apartment complex with an experienced syndicator. This also, depending on the deal, can offer passive income.
If you don’t have capital, then you need to find a mentor. I teach students how to buy passive income using partners and/or debt.
I hope that helps and good luck with your investing!
Benjamin Z Miller
www.benjaminzmiller.com
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